In the fast-paced world of cryptocurrency, the winds of change are blowing as altcoins prepare to take center stage before year’s end. According to PowerTrade, a leading crypto options and derivatives platform, SOL, XRP, and the intriguingly named TRUMP are emerging as frontrunners in what might be a vibrant altcoin season. This revelation comes hot on the heels of a remarkable August, where the platform observed a trading volume exceeding $1 billion, a clear indication of the market’s growing appetite for upside plays.
Altcoins on the Brink
Traders are buzzing with anticipation for a potential altcoin boom, evidenced by a surge in call option activities targeting end-of-December expirations. Bernd Sischka, Co-Founder and Chief Commercial Officer at PowerTrade, shared with CoinDesk, “Traders were placing bets for altcoin season running into year-end with strong upside call activity for end-of-December expirations.” The list of altcoins catching fire includes AEVO, AR, DOGE, ENA, HYPE, LINK, MOG, PAXG, SOL, TIA, TRUMP, and ZRO.
SOL, the native token of the Solana blockchain, is particularly grabbing headlines. It’s attracting significant attention with traders snapping up call options for September and December expirations. The strike prices are notably above current levels, reflecting a bullish sentiment that SOL might just pull off a breakout rally in Q4. As explored in our recent coverage of Solana vs. Bitcoin chart points to explosive SOL price breakout to $300, the potential for significant price movement is drawing considerable interest.
Institutional Interest and Quirky Plays
XRP is experiencing a wave of optimism, with large block trades in December expiry calls hinting at potential regulatory clarity or developments within its ecosystem. Meanwhile, the TRUMP token is sparking curiosity with massive call spreads, suggesting traders expect heightened volatility.
Meme coins like Dogecoin (DOGE) and Pepe (PEPE) continue to draw retail interest. But beneath the surface, institutional investors are quietly making their moves. Tokens like WIF are seeing a rise in open interest, indicating that bigger players are preparing to establish positions in these more established altcoins. This aligns with the trends highlighted in Altcoin Season? These Coins Are Soaring as Bitcoin and Ethereum Take a Breather, where smaller coins are gaining traction as major cryptocurrencies consolidate.
PowerTrade’s report sheds light on the growing role of institutions. They’re engaging with block RFQs (request-for-quotes) on Bitcoin and Ether volatility, alongside significant altcoin trades that blend hedging with speculative plays. This shift towards institutional involvement could be a game-changer. “With Fed policy steady and liquidity returning, stars are aligning for a monster altseason end of year,” the platform stated.
The Broader Picture
The current landscape reveals an expanding sphere of speculation, stretching beyond the familiar territory of Bitcoin and Ether. Both retail and institutional participants are gearing up for potential significant gains in altcoins as 2025 draws to a close. While PowerTrade’s trading volume is still dwarfed by industry heavyweight Deribit, its niche focus on options tied to smaller altcoins offers traders a unique edge. This specialization provides opportunities to hedge exposure and capitalize on price swings in these volatile, less mainstream tokens—a strategy that larger platforms might overlook.
As September unfolds, the crypto world watches with bated breath, wondering if this buzz will translate into tangible gains. The anticipation is palpable, and the stakes are high. Will these altcoins live up to the hype? As we edge closer to the year’s end, the answer may just redefine the cryptocurrency market’s landscape.
Source
This article is based on: TRUMP, XRP, and SOL Options Signal a Potential Year-End Altcoin Season: PowerTrade
Further Reading
Deepen your understanding with these related articles:
- Bitcoin Price Recovers From 2-Month Low, TRUMP Coin Rockets 8% Daily: Market Watch
- Bitcoin, Solana Rise as Investors Weigh Nvidia Earnings, Strong GDP Data
- 3 Altcoins Smart Money Are Buying During Market Pullback
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
